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Mar 18, 2013
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-- paying the most income tax. they are based here. number 4, wells fargo bank, which paid $9.1 billion in income tax last year. apple ranked number three. they paid more than $14 billion. chevron of san ramon paid $20 million in income tax last year. exxonmobil of texas topped the list. they paid $31 billion. >>> 8:19. the chp is investigating whether dangerous driving may have led to last night's fiery crash in walnut creek that killed a motorist. it happened on interstate 680 just south of rudgear road around 6:00. the chp says the crash involved four cars, one of them burst into flames. witnesses say the motorcycle and another vehicle appeared to be driving recklessly before the collision. >>> services are scheduled today for the three people killed in a daly city crash earlier this month. a viewing is scheduled for 50- year-old hosefa acevad and her 23 and 15-year-old sons. funeral services are scheduled for tomorrow. police say the family was pulling out of their driveway when their car was hit by 23- year-ol
-- paying the most income tax. they are based here. number 4, wells fargo bank, which paid $9.1 billion in income tax last year. apple ranked number three. they paid more than $14 billion. chevron of san ramon paid $20 million in income tax last year. exxonmobil of texas topped the list. they paid $31 billion. >>> 8:19. the chp is investigating whether dangerous driving may have led to last night's fiery crash in walnut creek that killed a motorist. it happened on interstate 680 just...
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Mar 16, 2013
03/13
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CSPAN2
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democrats are talking about getting rid of tax breaks and taxes. limiting the values of certain tax breaks. that is what they are talking about right now. they want to get rid of the tax breaks and get rid of them. >> the paul ryan plan a party takes into account these rates approved by congress. >> yes, that is right. about $600 billion in new taxes over 10 years. it helps to balance the budget. >> any surprises from the senate budget committee markup yesterday? >> well, a little surprised that she was able to hold the line. ten republicans and democrats on the committee. but she could not afford to use a single one. she had both of them support the deal. so the process move to the floor, which will make it much easier for her to pass. >> we want to share with you two things. the senate budget budget committee with a focus on the rising debt, increasing over trillion dollars per year for the last for five years. >> gas. >> is the exchange yesterday with a republican from wisconsin. >> the cbo starts with $26 billion worth of debt. then they includ
democrats are talking about getting rid of tax breaks and taxes. limiting the values of certain tax breaks. that is what they are talking about right now. they want to get rid of the tax breaks and get rid of them. >> the paul ryan plan a party takes into account these rates approved by congress. >> yes, that is right. about $600 billion in new taxes over 10 years. it helps to balance the budget. >> any surprises from the senate budget committee markup yesterday? >>...
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Mar 21, 2013
03/13
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. - i'm bob, we talked at the tax store... i did your taxes. i thought you were a tax expert? announcer: major tax stores advertise for preparers with no tax experience necessary. at turbotax, you only get answers from cpas, eas or tax attorneys. and it'd be him saying, "hi mom. whatchya doing" and he knew that i was at work. and just those little things throughout the day, he'd always say, "i love you. i love you, ma." this is the unfinished text message that our son was typing when he drove off the road and died of a massive skull fracture. how one drugstore chain is making demands of workers -- ev >>> on the not for them to judge people's lives. >> live a healthy lifestyle or pay a penalty. how one drug store chain is making demands of workers. >> a new battle brewing over coffee vendors. ♪ [ singing ] ♪ >> and singing a new tune, how a musician is defending herself after make some gay slurs on stage. g an unusual step with its health care policy. >>> the nation's largest pharmacy chain is taking an unusual step with its healthcare policy. cvs is ordering workers to dis
. - i'm bob, we talked at the tax store... i did your taxes. i thought you were a tax expert? announcer: major tax stores advertise for preparers with no tax experience necessary. at turbotax, you only get answers from cpas, eas or tax attorneys. and it'd be him saying, "hi mom. whatchya doing" and he knew that i was at work. and just those little things throughout the day, he'd always say, "i love you. i love you, ma." this is the unfinished text message that our son was...
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Mar 13, 2013
03/13
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CNNW
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he's going to cut taxes for everyone and get two tax brackets of 10 and 20%. and then medicare is going to become private subsidized health care plans for people under 55 and eliminates the federal program. if you're cutting taxes by that much, it sounds like, well, it sounds like you're cutting those other things dramatically, too. >> well, yeah, paul leaves it out in there. to me, this is a very good blueprint to go forward on. i also support tax cuts. i do think that ultimately, tax cuts do generate more revenue. i come from the jack kemp school of republican party which does believe in tax cuts. but, again, this is our plan on the table. president should come forward with his and we'll go forward from there. this is a divided government. the republican realizes that. we're going with what we feel is our best case. and it's really not challenging, but it's asking the president come forward with his. the fact that he's coming in tomorrow. we'll go over some of these issues with him. and it will be a good first step. >> you know what's kind of amazing about t
he's going to cut taxes for everyone and get two tax brackets of 10 and 20%. and then medicare is going to become private subsidized health care plans for people under 55 and eliminates the federal program. if you're cutting taxes by that much, it sounds like, well, it sounds like you're cutting those other things dramatically, too. >> well, yeah, paul leaves it out in there. to me, this is a very good blueprint to go forward on. i also support tax cuts. i do think that ultimately, tax...
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Mar 18, 2013
03/13
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MSNBCW
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and he's still talking, actually pushing big tax cuts for the rich and cuts in medicare and medicaid that affect the middle class and poor. what a strange thing it is to hear reince priebus talking about building bridges when he was the one with his hands on the detonator? former pennsylvania governor ed rendell is with us as well as managing editor of the grio joy reid. i'm just wondering, why would a political party believe a new fr strategy would cover up for its policies? >> it makes no sense at all. first of all, their policies are bankrupt. they're the exact same, and they haven't changed their policies a bit, chris. you see republican state legislators pushing antiabortion bills that are clearly unconstitutional, clearly punitive to women. no exceptions for incept and rape. things that voters rejected the last time dramatically. they don't get it about income inequality in this country. they're still pushing for budgets that give huge tax breaks to the rich and stick it to poor people. people who are vulnerable. they haven't changed their policies a bit. no packaging, no marke
and he's still talking, actually pushing big tax cuts for the rich and cuts in medicare and medicaid that affect the middle class and poor. what a strange thing it is to hear reince priebus talking about building bridges when he was the one with his hands on the detonator? former pennsylvania governor ed rendell is with us as well as managing editor of the grio joy reid. i'm just wondering, why would a political party believe a new fr strategy would cover up for its policies? >> it makes...
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Mar 15, 2013
03/13
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CSPAN
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on tax reform in particular, the president ported -- pointed to corporate tax reform. he said he believed there was a lot of agreement between republicans and democrats on corporate tax reform, on broadening the base and lowering the rates so we can be internationally competitive and remaining revenue neutral. all of that was encouraging. those were principles that have wide agreement. if we lower our rates, our country has the highest of any developed country in the world. over a trillion dollars -- over $1 trillion of capital is overseas. we need to bring that back so we can get back to work appeared i was encouraged but his expression of willingness to get that done. on the second issue, on reducing the burden of regulations, job creation, economic growth, he likewise expressed a willingness to work together with republicans to focus on a cost-benefit analysis, to target existing regulations that impose substantially greater costs than they benefit, and he suggested the creation of a task force in the senate to take a look at regulatory burdens and to come up with a
on tax reform in particular, the president ported -- pointed to corporate tax reform. he said he believed there was a lot of agreement between republicans and democrats on corporate tax reform, on broadening the base and lowering the rates so we can be internationally competitive and remaining revenue neutral. all of that was encouraging. those were principles that have wide agreement. if we lower our rates, our country has the highest of any developed country in the world. over a trillion...
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Mar 15, 2013
03/13
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CSPAN
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the president a tax hike. i want to mention this politico had done from this morning. guest: republicans have seized the moment. democrats seem to be planning cliff during the fiscal tops. bell americans say, democrats, you have your tax increases, let's focus on spending cuts. republicans seem to be manning them that message -- managing that message well right now. host: our guest is damian paletta this morning. theou are listening on radio, here are the phone lines. 3881.licans, 202-585- democrats, 202-585-3880. $975 billion in targeted cuts with regard to health care, military, other programs. it also raises $975 billion in new revenues from closing " -- closing tax loopholes. $100 billion in stimulus spending focusing on job training and infrastructure. house republican plan has $1.80 trillion in savings from the repeal of the health care law. it leaves $1 trillion in automatic cuts as a result of sequestration. it includes $962 billion in cuts from agriculture subsidies and food stamps, reduces money for
the president a tax hike. i want to mention this politico had done from this morning. guest: republicans have seized the moment. democrats seem to be planning cliff during the fiscal tops. bell americans say, democrats, you have your tax increases, let's focus on spending cuts. republicans seem to be manning them that message -- managing that message well right now. host: our guest is damian paletta this morning. theou are listening on radio, here are the phone lines. 3881.licans, 202-585-...
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Mar 15, 2013
03/13
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i think about taxes. how many feel we are taxed too little in the federal government? spend it took we much in the federal government? [applause] i remember when i first started running for congress a couple years ago. i started talking about taxes and revenue streams and the budget. i started talking about the fact that we were spending $3.40 trillion. what i would say to get people to take a nap in the middle of a speech was not necessarily a good thing, by the way. we want you to stay away. i would go through all the numbers in about 20 seconds. we spend about $700 billion on social security. $692 billion on defense. billions on non-defense discretionary spending. $519 billion coming out of medicare. $400 billion in mandatory spending. $300 billion just to service the debt. the 25 yearack to historical average, we find ourselves paying over $800 billion just to service our debt. $273i would close with billion sent to medicaid. whoh.ody would say, the federal government has a $22,000 income. we set a budget at $34,000. where does that make sense? nowhere in america w
i think about taxes. how many feel we are taxed too little in the federal government? spend it took we much in the federal government? [applause] i remember when i first started running for congress a couple years ago. i started talking about taxes and revenue streams and the budget. i started talking about the fact that we were spending $3.40 trillion. what i would say to get people to take a nap in the middle of a speech was not necessarily a good thing, by the way. we want you to stay away....
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Mar 13, 2013
03/13
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FBC
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increase, the start of the year, tax refunds were delayed. gas prices increased very sharply in the month. on top of that the weather map looked like grand central terminal for a snowstorm. lou: i just want to inject, when you say refund's amount of refunds were affected on this, as we understand it. that is just a narrow portion, if you will. still significant. >> there were some delays. that meant refund checks. lou: it was not the irises felt we should point out. >> it was the fiscal cliff issue lou: as we look at this, the forecast adjustment, you look at net exports, and that inspired you. >> part of it is net exports. that is a sector that it really carry the economy from the end of the recession up until about middle of last year, and then it dropped off as things fell apart in europe, china growth wobbled, japanese growth looked pretty soft as well. lou: happening in japan. >> i love it. and more importantly, the economy looks fantastic. the housing sector continues to skyrocket. lou: don't tell me. >> spending. lou: what they call th
increase, the start of the year, tax refunds were delayed. gas prices increased very sharply in the month. on top of that the weather map looked like grand central terminal for a snowstorm. lou: i just want to inject, when you say refund's amount of refunds were affected on this, as we understand it. that is just a narrow portion, if you will. still significant. >> there were some delays. that meant refund checks. lou: it was not the irises felt we should point out. >> it was the...
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as you've just heard seems of relief from celebration greeted the cyprus parliament's rejection of a tax on bank deposits the one off levy linked to an e.u. bailout deal would have saved millions of account holders lose up to a tenth of the savings of being condemned by officials and the public alike but the country now of course finds itself on the brink of bankruptcy and having rejected the terms it may have to turn to russia for assistance can off has more. right now cyprus is in a very difficult position because it's rejected the proposal by the european union and the troika to tax private bank accounts and now frankly there are not many places for cyprus to turn for help and actually one of these places is russia and the site bid finance minister has been in the russian capital the entire day he's met with his russian counterpart and would be the first the deputy prime minister there is speculation that cyprus is asking russia for a loan so far the finance minister said that you are satisfied with the negotiations but no official offer has been made so far although he himself said h
as you've just heard seems of relief from celebration greeted the cyprus parliament's rejection of a tax on bank deposits the one off levy linked to an e.u. bailout deal would have saved millions of account holders lose up to a tenth of the savings of being condemned by officials and the public alike but the country now of course finds itself on the brink of bankruptcy and having rejected the terms it may have to turn to russia for assistance can off has more. right now cyprus is in a very...
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Mar 20, 2013
03/13
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all of this tax increase is thanks to 21 tax increases contained in obamacare. my guess is the majority doesn't want to take on that group. so number 2 -- that's tax-deferred retirement savings vehicles. it's defined benefit plans and section 401(k)-type plans. to be sure, some hiring-income taxpayers benefit. defined benefit plans tend to dominate in the unionized world. section 401(k)-type plans are more common now. some high-income taxpayers do benefit because they are owners of a business, and we want them to set up and maintain their plans. about 4% of this tax expenditures goes to taxpayers at $1 million or more income. number 3 on the list there, it's the preferential rate for capital gains and dividends. it is true that higher-income taxpayers tend to have more capital gains but a few montes ago, the rate rose 50%. do we want to choke off more savings and investment? number 4 -- that's the deduction for state and local income and real property taxes. "the new york times" editorial page is usually very in tune with the majority. an editorial december 6, 2
all of this tax increase is thanks to 21 tax increases contained in obamacare. my guess is the majority doesn't want to take on that group. so number 2 -- that's tax-deferred retirement savings vehicles. it's defined benefit plans and section 401(k)-type plans. to be sure, some hiring-income taxpayers benefit. defined benefit plans tend to dominate in the unionized world. section 401(k)-type plans are more common now. some high-income taxpayers do benefit because they are owners of a business,...
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as a rationale for saying we've got to cut taxes for the really rich people we've got to redo our economic policies of the really rich people benefit and you know this stuff will trickle down eventually took the and they literally used that phrase trickle down economics a little trickle down everybody else and it was just crazy i mean it was a rationalization for going back to eighteenth century european economic models of basically peonage of you know serfdom so who are the real job creators they're not the rich people they're the people who buy things because everything starts when somebody buys something. so you are the job creators if you're a consumer. and when the job creators the consumers can't buy things because they lose their wages their entire jobs then you've got a really serious problem this is called a demand collapse when the demand for things in an economy falls apart when people no longer want things or need things which is rare or can't afford things which is what happens when you have a depression. if you can't walk in the store and buy something if you don't walk into
as a rationale for saying we've got to cut taxes for the really rich people we've got to redo our economic policies of the really rich people benefit and you know this stuff will trickle down eventually took the and they literally used that phrase trickle down economics a little trickle down everybody else and it was just crazy i mean it was a rationalization for going back to eighteenth century european economic models of basically peonage of you know serfdom so who are the real job creators...
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Mar 18, 2013
03/13
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endorsing consumption tax? is that what i'm hearing? >> you heard the doctor endorse that. >> taxing russians only. [ laughter ] >> bret: next up, the g.o.p. extreme makeover. i'm doing my own sleep study. advil pm® or tylenol pm. the advil pm® guy is spending less time lying awake with annoying aches and pains and more time asleep. advil pm®. the difference is a better night's sleep. ♪ ♪ >>> our message was weak. our ground game was insufficient. we weren't incollusive. we were behind in both data and digital. our primary and debate process needed improvement. >> young voters are increasingly rolling their eyes at what the party represents. >> and many minorities think that republicans don't like them. or don't want them in our country. >> if hispanics think we don't want them, here they will close their ears for policies. >> bret: besides all that, everything is fine in the g.o.p. today, a report out from the head of the g.o.p., the chairman. reince priebus, who said focus group called the party narrow
endorsing consumption tax? is that what i'm hearing? >> you heard the doctor endorse that. >> taxing russians only. [ laughter ] >> bret: next up, the g.o.p. extreme makeover. i'm doing my own sleep study. advil pm® or tylenol pm. the advil pm® guy is spending less time lying awake with annoying aches and pains and more time asleep. advil pm®. the difference is a better night's sleep. ♪ ♪ >>> our message was weak. our ground game was insufficient. we weren't...
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Mar 15, 2013
03/13
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have proposed significant cuts to entitlements, something democrats oppose, and democrats want new tax revenue, a deal breaker for republicans. republican leader mitch mcconnell put responsibility back on the president. >> his job is to deliver the members of his party. >> reporter: for now lawmakers appear no closer to a deal but they are more optimistic about the possibility of compromise. today president obama is taking a break from budget talks and traveling to illinois. he'll be focusing on another of his big priorities, alternative energy. richard? >> putting those walking shoes on the side after a very busy couple of days for the president. thank you, danielle. >>> a fiery exchange between dianne feinstein and texas's senator, ted cruz. during a senate judiciary committee on banning assault-style weapons, cruz who opposes any weapons ban, questioned the constitutionality of the bill. a sharp clash resulted between feinstein and the tea party freshman. >> namely, would she consider it constitutional for congress to specify that the first amendment shall apply only to the followin
have proposed significant cuts to entitlements, something democrats oppose, and democrats want new tax revenue, a deal breaker for republicans. republican leader mitch mcconnell put responsibility back on the president. >> his job is to deliver the members of his party. >> reporter: for now lawmakers appear no closer to a deal but they are more optimistic about the possibility of compromise. today president obama is taking a break from budget talks and traveling to illinois. he'll...
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Mar 14, 2013
03/13
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there will be tax hikes come, they are going to call it tax reform. there will be entitlement cuts they are going to say it's smarter or fairer or prolonging the life of the programs. this is the game that's going on. will there be a grand bargain or a little bargain? i suspect it's smaller. there's a deal working through the course. >> we have gone from there has to be a deal, this is a disas r disaster, you can't allow the sequester to happen to the sequester happened and there's the president saying well, ultimately, if we can't get a deal -- they are saying things that include the possibility there won't be a deal and the sequester will be what we live with here. >> he's saying it's not the end of the world if we don't reach a grand bargain. i had hope the sequester was something that shifted the fundamental calculus. it came and went. on the democratic side, they feel the cuts are too severe, which they are. on the republican side, there's a lot of discomfort. a lot of them are comfortable cutting the defense department. republicans with district
there will be tax hikes come, they are going to call it tax reform. there will be entitlement cuts they are going to say it's smarter or fairer or prolonging the life of the programs. this is the game that's going on. will there be a grand bargain or a little bargain? i suspect it's smaller. there's a deal working through the course. >> we have gone from there has to be a deal, this is a disas r disaster, you can't allow the sequester to happen to the sequester happened and there's the...
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Mar 14, 2013
03/13
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most middle tax payers would see their tax rate go down. but to be quite a bit of reduction depending on where you are in the tax bill. i do not see anything in here. i read the entire bill. i do not see anything the home mortgage reduction or charitable giving. i do not say those things in here. i do not know what the ways and committee will do with this instruction. i'm not sure what and not a resolution of let's not raise taxes on the middle class effectively does. i would encourage my colleagues at his point to impose the amendment and just adopt a budget as written. i yield back. >> thank you. i yield 10 minutes to my friend from indiana. >> thank you. i do not believe there should be tax increases on anyone the matter their income levels. the best thing we can do is turn the economy around and create jobs and poor money back into this economy. our budget -- and pour money back into this economy. additional taxes on anyone damages the economy. let me see a quick story about my area in indiana. when i go home and i have conversations wi
most middle tax payers would see their tax rate go down. but to be quite a bit of reduction depending on where you are in the tax bill. i do not see anything in here. i read the entire bill. i do not see anything the home mortgage reduction or charitable giving. i do not say those things in here. i do not know what the ways and committee will do with this instruction. i'm not sure what and not a resolution of let's not raise taxes on the middle class effectively does. i would encourage my...
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Mar 18, 2013
03/13
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. otherworldly things. but there are some things i've never seen before. this ge jet engine can understand 5,000 data samples per second. which is good for business. because planes use less fuel, spend less time on the ground and more time in the air. suddenly, faraway places don't seem so...far away. ♪ i'm here in your home, having a pretty spectacular tuesday. ♪ but i don't notice the loose rug at the top of your stairs. and that's about to become an issue for me. ♪ and if you got the wrong home insurance coverage, my medical bills could get expensive. so get allstate. [ dennis ] good hands. good home. make sure you have the right home protection. talk to an allstate agent. >>> o
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. otherworldly things. but there are some things i've never seen before. this ge jet engine can understand 5,000 data samples per second. which is good for business....
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Mar 21, 2013
03/13
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CSPAN2
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eye 77
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and it raises taxes. now we'll submit a document for the record that we think shows we've got $1.5 trillion in tax increases in this bill, but whether it is $1.5 trillion or $1 trillion, the deal is spending goes up. and there's virtually no alteration in the debt course of america over the next ten years. so why is it that it's a spending problem? let me explain. it actually came to me more clearly during a hearing recently where mr. elmendorf, who is the director of c.b.o., the congressiona congressional e and a very smart man and a decent individual -- and so we were talking about the growth in spending in taxes and the tax increases have just owe cud and that sort of thing. and this is the story: if you're -- if you -- if your tax -- if you raise -- i asked him this: if we raise enough taxes to balance the budget today and if the economy is growing at 2% and -- would the taxes grow at about 2% a year? and he said, yes. they worked hard to figure out what kind of tax reform growth it is, but taxes basi
and it raises taxes. now we'll submit a document for the record that we think shows we've got $1.5 trillion in tax increases in this bill, but whether it is $1.5 trillion or $1 trillion, the deal is spending goes up. and there's virtually no alteration in the debt course of america over the next ten years. so why is it that it's a spending problem? let me explain. it actually came to me more clearly during a hearing recently where mr. elmendorf, who is the director of c.b.o., the congressiona...
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Mar 15, 2013
03/13
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CURRENT
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i made 80% of those tax cuts permanent. we're just talking about closing loopholes which is what governor romney talked about. why aren't we bringing the fight to them on this issue. >> in some ways he has. he goes out and makes these--he goes out on the stump and makes these appearances and says these things. he may not say them the way you and i would like them. he may not say it as directly and emphatically as you and i would say them, but he's trying to say this stuff. whenever he does that, of course, the republicans say oh, he's out--he's in permanent campaign mode. why doesn't he come back to washington to negotiate. then he comes back to negotiate and they have say, well, nothing came out of it. he can't win with them. >> john: in fairness to the president, you and i don't have the burden to appear presidential. the great michael tomasky. thank you for coming on the show tonight. >> thank you. >> john: anti-police protest in brooklyn three nights running now. the shooting last week that may have started it, but this
i made 80% of those tax cuts permanent. we're just talking about closing loopholes which is what governor romney talked about. why aren't we bringing the fight to them on this issue. >> in some ways he has. he goes out and makes these--he goes out on the stump and makes these appearances and says these things. he may not say them the way you and i would like them. he may not say it as directly and emphatically as you and i would say them, but he's trying to say this stuff. whenever he...
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Mar 18, 2013
03/13
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MSNBCW
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this is one reason it sounds convenient to tax depositors. because so many are foreigners of so it is not the tax payer of cyprus who will pay the full brun or the taxpayers of cyprus and the depositors. at love that money will come from apparently big deposit holders. many of whom are foreign, especially russian. >> cnbc. always appreciate your insight. thank you. >>> the high school football players found guilty of raping a 16-year-old girl broke down after the verdict came down. but steubenville is not the out of the spotlight just yet. plus -- >> terrilyn has a beautiful soul. she wanted to help new orleans by coming out here. >> a new orleans teacher missing for nearly three weeks now. coming up, her mother and sister will join me to talk about the efforts to bring her home. please. what's this? uhh, it's my geico insurance id card, sir. it's digital, uh, pretty cool right? maybe. you know why i pulled you over today? because i'm a pig driving a convertible? tail light's out.. fix it. digital insurance id cards. just a click away with th
this is one reason it sounds convenient to tax depositors. because so many are foreigners of so it is not the tax payer of cyprus who will pay the full brun or the taxpayers of cyprus and the depositors. at love that money will come from apparently big deposit holders. many of whom are foreign, especially russian. >> cnbc. always appreciate your insight. thank you. >>> the high school football players found guilty of raping a 16-year-old girl broke down after the verdict came...
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Mar 19, 2013
03/13
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KNTV
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what about the pesky taxes and high costs of living? >> i don't feel like it is a straw that is breaking the camel's back. >> reporter: a financial adviser based out of san francisco who doesn't see many clients who avoid california because of taxes. he says people who move to california do so largely for the lifestyle and recoup the money by not having to travel for hiking and beach trips. >> what are you used to? if you are used to a lower cost structure someplace else it may be difficult to come here. the people of means can afford to live here and they say it is nice here. there is a reason i came to california or i want to stay in california. >> and the u.s. news and world report highlights housing to rent and own is really, really expensive but omits the obvious that people don't make retirement decisions based solely on economic factors and living in the bay area is still reasonable for many folks in state. just five years ago the same report listed san francisco as one of the best places to retire. has that much changed since th
what about the pesky taxes and high costs of living? >> i don't feel like it is a straw that is breaking the camel's back. >> reporter: a financial adviser based out of san francisco who doesn't see many clients who avoid california because of taxes. he says people who move to california do so largely for the lifestyle and recoup the money by not having to travel for hiking and beach trips. >> what are you used to? if you are used to a lower cost structure someplace else it...
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Mar 17, 2013
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he knows how to articulate a message on taxes and tax cuts. he would like to reform the tax code. that is his next project. remember bob dole was on the ticket in the 1970's with gerald ford. he comes back 20 years later and is a republican nominee. ryan, because he was on national ticket so early, he has a long career, decades ahead in congress, where he will continue to be a player. host: our next caller is from springfield, oregon, on our line for independents. good morning. caller: good morning. i hope the party follows senator ator cruz's dialogue about not telling americans on american soil. same big promises, we want smaller government, we do not want to do unnecessary wars and stuff. same with obama. he ran on shutting down guantanamo bay and closing down big brother. he made all worse. i guess that is what i want to say, not so much the speeches, but the execution. host: thank you for the call. let me sherry what -- -- let me share with you what bill kristol writes this morning. he points out -- he points out americans being tired of the wars, wars that bill kristol and o
he knows how to articulate a message on taxes and tax cuts. he would like to reform the tax code. that is his next project. remember bob dole was on the ticket in the 1970's with gerald ford. he comes back 20 years later and is a republican nominee. ryan, because he was on national ticket so early, he has a long career, decades ahead in congress, where he will continue to be a player. host: our next caller is from springfield, oregon, on our line for independents. good morning. caller: good...
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Mar 19, 2013
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tax reform to hide a tax increase and peer at ickley politicians in tax reform is that what they mean is they want to raise tax reform. there are two ways, raise the rates or broaden the base without bringing the rates down. no raising the rates and if you want to get reductions in credit that's great. bring the rates down dollar for dollar. that is what ryan does in the ryan plan is perfectly consistent. >> host: let's bring in chris from florida on the republican line. good morning chris. you were on with grover norquist. >> caller: thank you. thank you for c-span. mr. norquist, i think there is a big problem. perception is everything when it comes to marketing and it's the perception that the democrats are able to get across because the democrats, they know their audience and they know who their pandering to. and they treat them like stupid children. i will give you an example. you remember when the bush tax cuts first came out and tom daschle and dick gephardt were the minority leaders. they didn't have anything. they didn't have the house and they didn't have the senate or the wh
tax reform to hide a tax increase and peer at ickley politicians in tax reform is that what they mean is they want to raise tax reform. there are two ways, raise the rates or broaden the base without bringing the rates down. no raising the rates and if you want to get reductions in credit that's great. bring the rates down dollar for dollar. that is what ryan does in the ryan plan is perfectly consistent. >> host: let's bring in chris from florida on the republican line. good morning...
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Mar 19, 2013
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growth or more tax and spend? >> despite this confidence in their plan, the reality is that the ryan plan will likely pass the house tomorrow and then die a lonely death in the upper, lower chamber. having garnered no bipartisan support whatsoever. but don't expect that to be the end of the budget tango. and don't expect it to be the end of finger-pointing, either. as the majority leader reminds us, nothing says deal maker like an inability to compromise. >> if the president wants to let our unwillingness to raise taxes get in the way, then we're not going to be able to set differences aside. >> joining us now from new orleans, is democratic political strategist, james carville, the author of many books, including his latest "it's the middle class, stupid" james, it's a joy to have you on the show. thank you for joining us. i didn't have time to get into the wagner budget and the carville budget, but i wonder with the proliferation of budgets, mr. carville, do you think we're any closer to any kind of deal? >> pro
growth or more tax and spend? >> despite this confidence in their plan, the reality is that the ryan plan will likely pass the house tomorrow and then die a lonely death in the upper, lower chamber. having garnered no bipartisan support whatsoever. but don't expect that to be the end of the budget tango. and don't expect it to be the end of finger-pointing, either. as the majority leader reminds us, nothing says deal maker like an inability to compromise. >> if the president wants...
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Mar 13, 2013
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simple math shows that this budget will finance large tax cuts for the wealthiest by raising the tax burden on middle class taxpayers. the budget calls for dropping the top tax rate from 39% to 25% , cutting the rate for millionaires by more than 1/3 while holding all other revenues constant. just last fall the nonpartisan tax policy center did an analysis of a far more modest plan put forward by governor romney to reduce the top tax rate from 35% to 28%. and they showed it would inevitably raise the income tax burden on individuals making under $200,000 a year. this budget proposal which provides even bigger tax cuts to millionaires will raise the tax burden on middle income families by an average of $2,000. at the same time, same time it does not close one single special interest tax loophole for the purpose of reducing the deficit. not one dime from ending special breaks for corporate jets, big oil companies, or hedge fund managers to help us reduce the deficit. while providing this windfall to the very healthy, this proposal guts vital investments that are essential to shared pro
simple math shows that this budget will finance large tax cuts for the wealthiest by raising the tax burden on middle class taxpayers. the budget calls for dropping the top tax rate from 39% to 25% , cutting the rate for millionaires by more than 1/3 while holding all other revenues constant. just last fall the nonpartisan tax policy center did an analysis of a far more modest plan put forward by governor romney to reduce the top tax rate from 35% to 28%. and they showed it would inevitably...
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prosecutors a tax form showing the client had won $400,000 in gambling in las vague yachls now, prosecutors say they're checking that out. they don't know what happened to that money. vic lee abc 7 news. >> thank you very much. a different part of the bay in an effort to get a handle on a violent crime problem, the police chief has a new strategy tonight. laura anthon lee is live to explain. laura? >> hi, dan, neighborhood policing has been tried before here but this time the chief told us he thinks that it will work despite having many fewer officers than last time they tried it. this is a model in many cities. >> the police chief announced a new neighborhood policing plan for a city. he believes will not only take a bite out of crime but strengthens ties between officer asks the community. >> captains will be charged of a smaller area gives us best opportunities to do that. >> area two ran from fruit veil to the san leandro border encompassing three districts. in the new plan the same area is broken into two districts, four, five, each with its own captain he will be held accountable for
prosecutors a tax form showing the client had won $400,000 in gambling in las vague yachls now, prosecutors say they're checking that out. they don't know what happened to that money. vic lee abc 7 news. >> thank you very much. a different part of the bay in an effort to get a handle on a violent crime problem, the police chief has a new strategy tonight. laura anthon lee is live to explain. laura? >> hi, dan, neighborhood policing has been tried before here but this time the chief...
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to the speculators so i want to look at the same sort of deposit levy the savings levy the savings tax the wealth confiscation that has happened over in the u.s. and u.k. already for years now first this is a tweet from jim rickards if you think u.s. is different from cyprus it's not four hundred billion dollars per year goes from depositors to banks via fed rate policy fast shade. the interest rate policy is our bank theft by another name but that didn't get the economy stimulated the way they wanted it to but these steps are still there that were incurred by the banks who took all the money so now they're just going to give up all pretense of enacting a policy and they're just going to reach in and steal your money. and let's see what has happened in the u.k. which has had radical quantitative easing and we've talked often to save our savers simon rose well he's got actual he's broken down the exact number the exact pounds that have been stolen from pensioners and savers for years of savers propping up the banks and subsidizing debt save our savers has cost. later that the total cost
to the speculators so i want to look at the same sort of deposit levy the savings levy the savings tax the wealth confiscation that has happened over in the u.s. and u.k. already for years now first this is a tweet from jim rickards if you think u.s. is different from cyprus it's not four hundred billion dollars per year goes from depositors to banks via fed rate policy fast shade. the interest rate policy is our bank theft by another name but that didn't get the economy stimulated the way they...
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you don't know and you shouldn't know because it was about taxes. >> of course it was about taxes. unregulated capitalism. >> bill: unbelievable the correlations between what was happening in galilee and what the romans were doing to the jews back when jesus was walking around and what's happening now. i'm just going to give you a heads up. that this is coming. and the taxation was so onerous on the folks. for a totally different reason, i will concede. that the romans were venal. >> thank you. >> bill: they wanted this money to build their terms and to live a crazy lifestyle. but it was philosophically the same kind of government intrusion that we the people of america have no right to private property. and that's what castro does. chavez does. and that's where these congressional caucus people are headed. >> do you read the fox news version of the bible? come on, man. jesus turned over tables in the temple. he was worried about profit making. excessive wealth gathering. >> bill: i will deal with that hill, you know what you? are not accurate in what you just said. i'm not going t
you don't know and you shouldn't know because it was about taxes. >> of course it was about taxes. unregulated capitalism. >> bill: unbelievable the correlations between what was happening in galilee and what the romans were doing to the jews back when jesus was walking around and what's happening now. i'm just going to give you a heads up. that this is coming. and the taxation was so onerous on the folks. for a totally different reason, i will concede. that the romans were venal....
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he never met a tax cut he didn't like. we used to argue about all his tax cuts. but he had in his heart and soul deep hatred of racism. nobody had any doubts about where he stood. he would have called an audible right in that room. you want to say to the republicans, you don't remember, all right, you're not going to remember lincoln, that's a long time ago. think back to somebody like jack kemp who combined conservatism with a real sort of concern about justice and equality. >> what does it say, benjy, jack kemp, that's not that long ago. we're nostalgic, until even a bush -- what happened that they're so far right that the republican party has no sense of what the mainstream is concerned about? >> this is one of those problems when you don't have a clear leader. when there was president bush, he never got credit from liberals at the time, but he was keeping a lid on this stuff. bush was a believer in a lot of kemp. his compassion and conservatism was derived from kemp. without that, first there were no leaders and you just had the tea party movement rising up a
he never met a tax cut he didn't like. we used to argue about all his tax cuts. but he had in his heart and soul deep hatred of racism. nobody had any doubts about where he stood. he would have called an audible right in that room. you want to say to the republicans, you don't remember, all right, you're not going to remember lincoln, that's a long time ago. think back to somebody like jack kemp who combined conservatism with a real sort of concern about justice and equality. >> what does...
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. >> that nightmare local official using tax money campaign contribution to feed a gambling addiction. tonight the one thing that kept him out of prison. >> also tonight at 9:00. management make over. new direction for oakland pd brass. >> airport quandary. san jose international good service new terminal and easy to get to. why isn't it more popular and why losing flights. why losing flights. >> new study >> that breaking news centers on this car accident in east san jose. we understand it is involved in an officer involved shooting. now this is video from sky 7 hd short time ago. police are out on mass in this area. we are told that 3 undercover police cars surrounded a vehicle. witnesses tell that you say one person in that car was shot and officer hurt although not seriously. now this happened a little more than 2 hours ago in the alan rock neighborhood close to the intersection of jeralyn drive and em rick avenue. trade the general area on the map. bring you any new information as soon as it develops. good evening. now to long time south bay politician pleading guilty today to do
. >> that nightmare local official using tax money campaign contribution to feed a gambling addiction. tonight the one thing that kept him out of prison. >> also tonight at 9:00. management make over. new direction for oakland pd brass. >> airport quandary. san jose international good service new terminal and easy to get to. why isn't it more popular and why losing flights. why losing flights. >> new study >> that breaking news centers on this car accident in east...
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that's why there's a need to tax deposits. that's where the money is. that's the only way this country will be able to come up with it. that's the struggle. now they're off to russia. minister of finances hope they get money out of that country. it's not clear that's going to happen, at least not in time to save the banking system. >>> of course here as always we want to know why are you awake? shoot us an e-mail or tweet me @billschactman. >>> they have espn and air force one will show you which teams the basketball fan picked. that's next in sports >> leave it to reality tv. we have more great diving. highlights from the new celebrity diving show "splash" which i did watch a few minutes of. check it out when way too early comes back. >> someone released poison gas inside the tokyo subway system. military nerve gas. some of the passengers on five separate trains were killed in stpapbtly. instantly. most people think that after an accident, you'll have to pay five hundred bucks for your deductible. the truth? at allstate, you could pay zero. allstate gi
that's why there's a need to tax deposits. that's where the money is. that's the only way this country will be able to come up with it. that's the struggle. now they're off to russia. minister of finances hope they get money out of that country. it's not clear that's going to happen, at least not in time to save the banking system. >>> of course here as always we want to know why are you awake? shoot us an e-mail or tweet me @billschactman. >>> they have espn and air force one...
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Mar 21, 2013
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i think the tax issue has been resolved. at this point i do not know how we go forward, but i would suggest that out of this budget crisis might be this best opportunity. [indiscernible] there might be some there, but i will not risk the full faith and credit of the government. >> have you had conversations with the senate on the budget conference and talks between -- and you expect that to start when you get back? >> you will have to talk to chairman ryan about that. >> would you have any bottom line for that conversation? brian as he goes into -- ryan that as he goes into the conference he will hold a line on taxes? blem ve a spending pro that has to be addressed. the american people know we have a spending problem, and we have to attack that by cutting spending. the federal government will bring in more revenue in than any year in our history, and yet we will still have a trillion- dollar budget deficit. does not anybody realize there is a problem here? >> i understand you met with some of your senators and members on the
i think the tax issue has been resolved. at this point i do not know how we go forward, but i would suggest that out of this budget crisis might be this best opportunity. [indiscernible] there might be some there, but i will not risk the full faith and credit of the government. >> have you had conversations with the senate on the budget conference and talks between -- and you expect that to start when you get back? >> you will have to talk to chairman ryan about that. >> would...
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Mar 21, 2013
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raise taxes. next year they want to raise the taxes by 40 billion dollars, again, the republican budget doesn't raise taxes and then on the deficit this year, the democrat deficit would be 164 billion dollars bigger than the republican deficit. and next year, 308 billion dollars, just to give you a sense of it, by 2015 the republican deficit would be down to 125 billion and the democrat deficit 433 billion. there's a big indication of the difference between the parties when you look at the budgets of the budget blueprints of the republicans in the house and the democrats in senate and republicans want to restrain spending and democrats want to continue to blow up the budget and eventually, over the decade add 1 trillion dollars of new taxes. >> sean: yeah, so 1 trillion in new taxes over ten years, a trillion dollars, this is like they know no other way, all right? that's point one, but yet, they still will give us almost trillion dollar deficits as far as the eye can see throughout the entire ten
raise taxes. next year they want to raise the taxes by 40 billion dollars, again, the republican budget doesn't raise taxes and then on the deficit this year, the democrat deficit would be 164 billion dollars bigger than the republican deficit. and next year, 308 billion dollars, just to give you a sense of it, by 2015 the republican deficit would be down to 125 billion and the democrat deficit 433 billion. there's a big indication of the difference between the parties when you look at the...
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Mar 14, 2013
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we know about tax policy. we need to have a pro-growth tax structure, not one that takes from some and gives to others. and last but not least, we believe in solving our debt problem, because it's hurting job creation. jobs are not being created in america. there are jobs that are not being created in this country because we have a $16.5 trillion debt and it's only scheduled to get bigger. that problem has to be solved and you can only solve it, the only real approach that solves it is the combination of fiscal discipline and rapid economic combrothe. there is no tax increase in the world that will solve our long-term debt problem. the second thing that our government can help us do is help ourselves by acquiring the skills of the 21st century and that's why i think every parent in america should have the opportunity to send their children to the school of their choice. by the way, we should encourage career education. not everyone has to go to a four-year liberal arts college. we still need plumbers. we still
we know about tax policy. we need to have a pro-growth tax structure, not one that takes from some and gives to others. and last but not least, we believe in solving our debt problem, because it's hurting job creation. jobs are not being created in america. there are jobs that are not being created in this country because we have a $16.5 trillion debt and it's only scheduled to get bigger. that problem has to be solved and you can only solve it, the only real approach that solves it is the...
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> so the new republican plan is to reach out to pop culture world. i don't think this is what they had in mind. that's next. protect your family... and launch your dreams. at legalzoom.com we put the law on your side. where does goddess begin? it begins with your skin... revealed by venus for a confident glow the whole world will notice. venus & olay -- gently exfoliates with 5 blades. plus olay moisture bars help lock in moisture for less dryness. only from venus & olay. any venus cartridge fits any venus handle. that's the beauty of venus. mommy's having a french fry. yes she is, yes she is. [ bop ] [ male announcer ] could've had a v8. 100% vegetable juice, with three of your dail
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> so the new republican plan is to reach out to pop culture world. i don't think this is what they had in mind. that's next. protect your family... and...
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or you can tax it ok and those rules don't change you know big. chair there's not much i can do different what i might do would start cutting some of the you know what i would consider forge an activity and waste out but if you do that you want a political problem so you know it doesn't matter who you bring it you know you can bring in. you know and you still have the problems the best way and the most efficient way to cure the central banks problem is to flush out the unproductive assets in order to do that you have a graphic real losses dollars that have to take a loss right and not going to happen. exactly all right let's talk about the technology space you made one of the best calls of the decade sell apple at seven hundred by google nobody else is making that call the time one of the best calls of the past ten years by far now let's talk about apple a little bit ministers' apple's cash hoard could hit one hundred seventy billion this year is that what's going on there tells saving money as a call option on the future that's basically it is th
or you can tax it ok and those rules don't change you know big. chair there's not much i can do different what i might do would start cutting some of the you know what i would consider forge an activity and waste out but if you do that you want a political problem so you know it doesn't matter who you bring it you know you can bring in. you know and you still have the problems the best way and the most efficient way to cure the central banks problem is to flush out the unproductive assets in...
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raise taxes. the democrats should be repeating -- they're trying to close loopholes tax breaks known as loopholes. that's not raising taxes. that's closing loopholes. >> it is semantics. >> stephanie: the president's carney said exactly like that. >> have you looked at the ryan budget? can you find a single item in tax reform? a single loophole closed? $5 trillion. that's a lot of money. not one. >> stephanie: coupon. >> go door-to-door, old lady. i'm having chest pains. i'm sorry we don't take that coupon. i'm having chest pains. two doors down and up the flight of stairs. >> stephanie: stop looking at smoke. [ ♪ "world news tonight" ♪ ] dennis rodman is on it. >> oh, thank god. >> fresh from his summit in north korea. >> that worked out so well. they declared war against us. >> stephanie: shut the front door. really? is setting his sights on fixing the pesky problems plaguing the church. rodman is jetting to rome. that's the funniest part, rodman has people in rome. okay. have been in touch
raise taxes. the democrats should be repeating -- they're trying to close loopholes tax breaks known as loopholes. that's not raising taxes. that's closing loopholes. >> it is semantics. >> stephanie: the president's carney said exactly like that. >> have you looked at the ryan budget? can you find a single item in tax reform? a single loophole closed? $5 trillion. that's a lot of money. not one. >> stephanie: coupon. >> go door-to-door, old lady. i'm having chest...
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reagan increased taxes. o'neil cut benefits. both of them took heat. same thing with bill. clinton and newt gingrich didn't like each other much. both of them had to cut benefits, cut spending and newt gingrich agreed to raising taxes and balancing the budget. left a trillion dollar surplus in the bank. barack obama has to stand up to the base. i'm in the base. he's got to stand up and alienate us: and boehner has to do the same thing against the tea party. it won't happen unless both sides are willing to stand up. >> final question, lance armstrong in a similar way for the way they forgave bill clinton. you were part of that forgiveness process, some would argue, for bill clinton. as long as armstrong got that kind of chance, you think? >> a bit of a disclosure. i've had conversations with his attorneys. i think oprah was a good step, but not enough. he has to do much, much more to ever put this behind. >> but is it a possibility? >> yes. i think the american people are always willing to forgive if there's a teaching moment that out of what he went through he can teach peo
reagan increased taxes. o'neil cut benefits. both of them took heat. same thing with bill. clinton and newt gingrich didn't like each other much. both of them had to cut benefits, cut spending and newt gingrich agreed to raising taxes and balancing the budget. left a trillion dollar surplus in the bank. barack obama has to stand up to the base. i'm in the base. he's got to stand up and alienate us: and boehner has to do the same thing against the tea party. it won't happen unless both sides are...
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so if we can clean up the tax code that would be beneficial. second, healthcare issue is a very serious one. medicare costs are coming down but there's a demographic that awaits us. 10,000 folks a day are going on to medicare and it is not just medicare issue. it is a healthcare spending issue in this country that's tough on businesses, tough on individual. so if we can do something to help slow that rate of growth and confidently keep it down, that's beneficial for the broad economy. >> americans were according to polls, americans are strongly in favor of gun can control. recent poll, favor background checks. more than half favor banning assault weapons. over half favor banning large magazines. >> that's the reason i think the president is glad to be away from washington, away from congress. there is a level of dysfunction here. the power in this institution is enormous. it takes away from common sense steps. you have the filibuster. and senator reid felt, as he counted votes, he wouldn't be able to keep the assault ban weapon in the bill and
so if we can clean up the tax code that would be beneficial. second, healthcare issue is a very serious one. medicare costs are coming down but there's a demographic that awaits us. 10,000 folks a day are going on to medicare and it is not just medicare issue. it is a healthcare spending issue in this country that's tough on businesses, tough on individual. so if we can do something to help slow that rate of growth and confidently keep it down, that's beneficial for the broad economy. >>...